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Resolving the European Debt Crisis
What began as a relatively localized crisis in Greece in early 2010 soon escalated to envelop Ireland and Portugal. By the second half of 2011, the contagion had spread to the far larger economies of Italy and Spain. In mid-September the Peterson Institute and Bruegel hosted a conference designed to contribute to the formulation of policies that could help resolve the euro area debt crisis. This volume presents the conference papers; several are updated through end-2011. European experts examine the political context in Greece (Loukas Tsoukalis), Ireland (Alan Ahearne), Portugal (Pedro Lourtie), Spain (Guillermo de la Dehesa), Italy (Riccardo Perissich), Germany (Daniela Schwarzer), and Fran...
Eurotragedy
EuroTragedy is an incisive exploration of the tragedy of how the European push for integration was based on illusions and delusions pursued in the face of warnings that the pursuit of unity was based on weak foundations.
The Age of Unpeace
A FINANCIAL TIMES ECONOMICS BOOK OF THE YEAR 'Compulsively readable... An essential course in geopolitical self-help' - Adam Tooze 'Full of fresh - and often surprising - ideas' - Niall Ferguson 'Extraordinary... One of those rare books that defines the terms of our conversation about our times' - Michael Ignatieff We thought connecting the world would bring lasting peace. Instead, it is driving us apart. In the three decades since the end of the Cold War, global leaders have been integrating the world's economy, transport and communications, breaking down borders in the hope of making war impossible. In doing so, they have unwittingly created a formidable arsenal of weapons for new kinds of...
Pandemonium
The last decade has seen the EU beset by crisis and Covid-19 has presented yet another threat to its existence. Luuk van Middelaar assesses the EU's response and how it has been shaped by it.
The Law & Politics of Brexit
The decision by the people of the United Kingdom to vote in a referendum in June 2016 to leave the European Union has produced shock-waves across Europe and the world. Brexit calls into question consolidated assumptions on the finality of the EU, and simultaneously sparks new challenges. These new challenges are not only in regard of the constitutional settlements reached in the UK, notably in Scotland and Northern Ireland, but also on the future of European integration. Now that Article 50 of the Treaty on the European Union has been invoked, and the path towards full withdrawal by the UK from the EU remains clouded in uncertainties, a comprehensive legal and political analysis of how Brexi...
Fiscal Governance in Europe
This book presents a theoretical framework to discuss how governments coordinate budgeting decisions. There are two modes of fiscal governance conducive to greater fiscal discipline, a mode of delegation and a mode of contracts. These modes contrast with a fiefdom form of governance, in which the decision-making process is decentralized. An important insight is that the effectiveness of a given form of fiscal governance depends crucially upon the underlying political system. Delegation functions well when there are few, or no, ideological differences among government parties, whereas contracts are effective when there are many such differences. Empirically, delegation and contract states perform better than fiefdom states if they match the underlying political system. Additional chapters consider why countries have the fiscal institutions that they do, fiscal governance in Central and Eastern Europe, and the role of such institutions in the European Union.
The Future of Think Tanks and Policy Advice Around the World
At a moment when both think tanks and experts are being questioned, significant policy and technology disruptions have called into question the value and efficacy of policy advice. Within that context, Dr. McGann launched this book to examine the future of think tanks and policy advice around the world with a series of authoritative reflections written by the presidents of some of the leading think tanks in every region of the world. The book explores the challenges think tanks face today in an information rich and highly competitive operating environment that includes: the impact of technology, big data and artificial intelligence, competition from advocacy groups and public relations firms, increased polarization of politics and major changes in how think tanks are funded.
An Economist in the Real World
Basu writes from a unique perspectiveneither that of the career bureaucrat nor that of the traditional researcher. Plunged into the deal-making, non-hypothetical world of policymaking, Basu suffers from a kind of culture shock and views himself at first as an anthropologist or scientist, gathering observations of unfamiliar phenomena. He addresses topics that range from the macroeconomicfiscal and monetary policiesto the granulardesigning grain auctions and policies to assure everyone has access to basic food. Basu writes about globalization and India's period of unprecedented growth, and he reports that at a dinner hosted by Prime Minister Manmohan Singh, President Obama joked to him, {28}You should give this guy some tips.
Monetary Policy in Times of Crisis
The first twenty years of the European Central Bank offer a unique insight into how a central bank can navigate macroeconomic insecurity and crisis. This volume examines the structures and decision-making processes behind the complex measures taken by the ECB to tackle some of the toughest economic challenges in the history of modern Europe.
